The residual is defined as the difference between the actual value of:
A)y and the estimated value of y.
B)x and the estimated value of x.
C)y and the estimated value of x.
D)x and the estimated value of y.

Question

Quizplus · Accepted Answer

The residual in regression analysis is the difference between the observed value of the dependent variable (y) and the value predicted by the regression model (the estimated value of y).

The Residual Is Defined as the Difference Between the Actual